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Re: David-T post# 29439

Sunday, 04/02/2017 11:25:26 AM

Sunday, April 02, 2017 11:25:26 AM

Post# of 32544
I agree...we go up soon. I need some help here>>

Revenue increased 89% from $2.9 million to $5.6 million for the years ended December 31, 2015 and 2016, respectively. (my calculation is 93%??)

>>Here's the kicker!.. of the $2.9 million for year 2015, 2.5 million was from a Boeing licensing fee treated as income for 2015.

One could interpret that this reveals a faster revenue growth rate from standard operations than 89% but re-calculating 2.9 million subtracting 2.5 million is $400,000 for 2015....so is this a 1300% increase?

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